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Everything You Need To Know About Bundled Payments

Everything You Need To Know About Bundled Payments

Bundled payments represent a form of APM (alternative payment models). They are created to offer value-based care by allowing providers to increase efficiency during patient care while improving revenue performance at low overhead costs.  Bundled payments are a kind of episode payment model (EPMs) that require the providers to take risks and go above the …

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Artificial Intelligence in Healthcare

How Artificial Intelligence has Improved the Healthcare Industry

Medical coding, medical billing and revenue cycle management are significant sectors in healthcare. They are necessary to transform patients’ records into medical codes so that practitioners, surgeons, nurses, and physicians can be paid for their services. Correct billing is a challenge that still, many health facilities around the world face. As these codes are typically …

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covid-19 safely

Steps to Safely See Patients at Your Medical Practice During COVID-19

COVID-19’s rapid spread throughout the world has caused unprecedented disruption to all professions. This has caused medical practices to change the processes of their clinical practices. While many physicians and healthcare professionals have closed their doors or limited their patient volume to emergency appointments only, others are improvising with novel safety precautions and telemedicine.  Postponing …

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Benefits of End to End Revenue Cycle Management

End to end revenue cycle management (RCM) ensures a smooth distribution of cash flows while establishing and improving the reimbursement process. End to end RCM helps all medical providers and healthcare organizations facilitate timelines of collecting on accounts receivables (AR), obtain full insight into the complex revenue cycle process, and improve their revenue performance. In …

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What is Medical Billing? Medical Coding?

Revenue Cycle Management for a physician practice, healthcare facility, or any other type of insurance-accepting medical entity is predicated upon medical billing and medical coding. The medical billing process and the medical coding process are distinct yet intertwined processes within the revenue cycle to ensure that providers get reimbursed by patients and federal or private …

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